How to interpret the fluctuations of $DOGE
Doge has been fluctuating within a range recently. From the candlestick chart, the last two days showed a long lower shadow, indicating strong buying power.
Afterwards, the price was successfully pulled back, indicating that around 0.37 there is strong support.
Although it is still in a bearish trend, it is evident that the bearish strength has weakened. Furthermore, the market may experience a rebound that just switches to a bullish market.
According to the RSI, there is a demand for a rebound in the market, which can only reach neutral sentiment at the daily level.
As mentioned a couple of days ago, the range of 0.4-0.368 to 334 was also successfully achieved. Based on my allocation, the price should be around 0.3824, and it has already risen by 9%.
Nothing much to say, looking at the previous positions at 45, I now want to first look at 42 to close some positions. If it doesn't consolidate at high levels, it will make your scalp tingle.